Result of General Meeting

RNS Number : 4667S

Empiric Student Property PLC

17 March 2016

 

17 March 2016

Empiric Student Property plc

("Empiric" or the "Company" or, together with its subsidiaries, the "Group")

RESULT OF GENERAL MEETING

The Board of Directors of Empiric Student Property plc (ticker: ESP) is pleased to announce that the Resolutions proposed at the General Meeting held earlier today in connection with the Share Issuance Programme were duly passed.

Full details of the Resolutions were set out in the circular published by the Company on 1 March 2016 (the "Circular"). 

Details of the proxies received from Shareholders in respect of each Resolution are set out below:

Resolution	For	Percentage	Against	Percentage	Withheld
1	208,968,543	99.40%	1,257,511	0.60%	29,921
2	207,396,844	98.65%	2,829,210	1.35%	29,921

Notes:

a)         Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

b)         A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.

c)         Any proxy appointments which gave discretion to the Chairman have been included in the "For" totals.

All capitalised terms in this announcement and not otherwise defined shall have the meaning given to them in the Circular.  The Circular is available for inspection in electronic form on the Company's website, www.empiric.co.uk.

For further information on the Company, please contact:

Empiric Student Property plc	(via Newgate below)
Paul Hadaway (Chief Executive)
Tim Attlee (Chief Investment Officer)
Michael Enright (Chief Financial Officer)
Akur Limited (Joint Financial Adviser)	Tel: [phone]
Tom Frost
Anthony Richardson
Siobhan Sergeant
Jefferies International Limited (Sponsor, Joint Financial Adviser and Sole Global Coordinator and Bookrunner)	Tel: [phone]
Gary Gould
Stuart Klein
David Watkins
Newgate (PR Adviser)	Tel: [phone]
James Benjamin	Em: [e-mail]
Alex Shilov
Lydia Thompson

Further information on Empiric can be found on the Company's website at www.empiric.co.uk.

Notes:

Empiric Student Property plc is a leading provider and operator of modern, direct-let, premium student accommodation across the UK.  Investing in both operating and development assets, the Company focuses on quality, with assets generally in prime central locations in top university cities and towns in the UK, attracting international students and/or those studying beyond first year, in particular, postgraduates. For the 2015/16 academic year, Empiric's customer base comprised 69% international students from 98 countries. 78% of the Company's customers were students beyond their first year of study.

The Company, an internally managed real estate investment trust ("REIT") incorporated in England and Wales, listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.

 

END

 

 

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